Abu Dhabi – Mubasher: Abu Dhabi Ship Building (ADSC) has reported a 92.6% year-on-year drop in net profit during the first six months of 2018, recording AED 3.7 million. The company’s revenue also declined to AED 261.5 million in H1-18 versus AED …

Abu Dhabi – Mubasher: Al Qudra Holding has reported a 56.5% year-on-year slump in net profit during the second quarter of 2018, recording AED 37.24 million. Revenue went down to AED 66.47 million in Q2-18 versus AED 125.09 in the year-ago period, …

Abu Dhabi – Mubasher: Manazel Real Estate Company has reported a 135% year-on-year hike in net profit during the first six months of 2018, recording AED 132.867 million. The company’s revenue also increased to AED 516.606 million in H1-18 versus …

Kuwait – Mubasher: Ithmaar Holding has reported a net profit of $10.82 million in the first six months of 2018. The Dubai-, Bahrain-, and Kuwait-listed company also registered earnings per share (EPS) of $0.32 in H1-18, according to a bourse …

Dubai – Mubasher: The Dubai Financial Market’s (DFM) general index lost 6.25 points, or 0.22%, to close at 2,840.89 points on Tuesday, dragged down by selling pressure. The services sector shed 1.06% after Tabreed dropped 3.33% to AED 1.74, while …

Riyadh – Mubasher: Saudi Arabia announced that its imports decline by 3.2% or SAR 1.12 billion in June 2018 when compared to the same month a year ago, according to the latest data by the Saudi General Authority for Statistics (GaStat). Imports …

Dubai – Mubasher: Damac Properties has reported a net profit of AED 862 million in the first six months of 2018. The company’s revenue increased by 5% year-on-year to AED 3.7 billion in H1-18, according to a company statement. Earnings per share …

Dubai – Mubasher: Union Properties has posted a net profit of AED 207.4 million during the first six months of 2018. The fair valuation of investment properties has generated AED 120.7 million in profits for the Dubai-listed developer, according …